Trading Summary - August 25. More upwards progr
Post# of 7024
(Total Views: 161)
Posted On: 08/25/2023 6:50:34 PM
Trading Summary - August 25.
More upwards progress today for for $SFLM with another top trader scaling in - stating he started buying at .0011 - and all the other big following traders still on it - after spotting on otcmarkets.com on August 23 that the ticker is receiving more detailed attention from the new CEO amongst all the other businesses he is involved in:
Summary of the significant action today:
- Opened with 1.5M + 7.6M buys on bid at .0009.
- 12M at walked down .0010 bought up in first 8 minutes.
- Then traders jockeying for position all day walked down .0011 ask > .0012 bought out every time it appeared.
- .0013 started with 10M left at the close.
- .0012 was the previous 52-week high now broken.
- Bidders that failed to hit relatively small asks generally left behind on each 1-tick uptick.
- Total 141M traded - .0009 > .0013.
Ahead, I still expect $SFLM to play out as outlined in the Overview - based on detailed observation of what volume was picked up where on the way down from the l ast run to .02:
- Probably only 1M > 5M at each price point .0014>.0020 - depending on low-level flippers.
- Then much thinner - a few 100K - . 0021 to the .01>.02 range.
Always watch for a potential gap up to be indicated by MMs before every open - based on pre-open ask buy orders placed by traders who want to add as many shares as possible to their inventory before the .0010+ breakout - and cancel any left over asks under the gap up price.
We know that there has been no dilution since the new CEO took over and that the SEC has prohibited any further selling of non-registered shares by the previous CEO.
Share Structure updated August 22 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 297 days.
WY SOS record updated on May 12, 2023 - see Overview for details.
New CEO started updating the Company Profile at otcmarkets.com on June 30, 2023 with multiple further updates on August 23, 2023.
Overview - updated August 23 - here:
https://investorshangout.com/post/view?id=6611620
Expect further movement up over the days, weeks and months ahead as the new CEO releases details of his acquisition and licensing plans.
It is also anticipated that there will be a name change and ticker change to better align with the new business.
Deep Power, Inc - one of the potential candidates to possibly go public via a reverse merger with $SFLM - resumed updates on its LinkedIn account recently after a gap of several months
More upwards progress today for for $SFLM with another top trader scaling in - stating he started buying at .0011 - and all the other big following traders still on it - after spotting on otcmarkets.com on August 23 that the ticker is receiving more detailed attention from the new CEO amongst all the other businesses he is involved in:
Summary of the significant action today:
- Opened with 1.5M + 7.6M buys on bid at .0009.
- 12M at walked down .0010 bought up in first 8 minutes.
- Then traders jockeying for position all day walked down .0011 ask > .0012 bought out every time it appeared.
- .0013 started with 10M left at the close.
- .0012 was the previous 52-week high now broken.
- Bidders that failed to hit relatively small asks generally left behind on each 1-tick uptick.
- Total 141M traded - .0009 > .0013.
Ahead, I still expect $SFLM to play out as outlined in the Overview - based on detailed observation of what volume was picked up where on the way down from the l ast run to .02:
- Probably only 1M > 5M at each price point .0014>.0020 - depending on low-level flippers.
- Then much thinner - a few 100K - . 0021 to the .01>.02 range.
Always watch for a potential gap up to be indicated by MMs before every open - based on pre-open ask buy orders placed by traders who want to add as many shares as possible to their inventory before the .0010+ breakout - and cancel any left over asks under the gap up price.
We know that there has been no dilution since the new CEO took over and that the SEC has prohibited any further selling of non-registered shares by the previous CEO.
Share Structure updated August 22 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 297 days.
WY SOS record updated on May 12, 2023 - see Overview for details.
New CEO started updating the Company Profile at otcmarkets.com on June 30, 2023 with multiple further updates on August 23, 2023.
Overview - updated August 23 - here:
https://investorshangout.com/post/view?id=6611620
Expect further movement up over the days, weeks and months ahead as the new CEO releases details of his acquisition and licensing plans.
It is also anticipated that there will be a name change and ticker change to better align with the new business.
Deep Power, Inc - one of the potential candidates to possibly go public via a reverse merger with $SFLM - resumed updates on its LinkedIn account recently after a gap of several months
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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